BP CEO Bernard Looney resigned abruptly Tuesday over past relationships with colleagues, the company said, less than four years after taking over the London-based oil giant and embarking on an ambitious plan to position it at the vanguard of the global transition to renewable energy.
Looney’s resignation was a surprise, and the company said in a release on Tuesday that his departure is immediate.
The company on Tuesday evening said Looney was “not fully transparent” about past personal relationships with colleagues. BP said Chief Financial Officer Murray Auchincloss would serve as CEO on an interim basis.
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